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Jul 28, 2011
07/11
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>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you are 1,000 percent broughts in bigger spoiled broughts than market. >>neil: well, you have not met my children. >>guest: and the traders do not care. they know. they understand the real armageddon but that is good enough for wall street. you saw the rebound after we thought greece was rebounded. a heck of a rebound, one week. >>neil: and we realized it was crappy. >>guest: you are right. to try to appease wall street is a huge mistake. the federal deserve does it all the time and the government does et all the time but they play games. washington and wall street. they use each other. >>neil: you are saying
>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you...
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Jul 27, 2011
07/11
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>>guest: the markets are saying, this big deal. they still collecting $2.2 trillion. that is enough to pay. >>neil: if we have a downgrade, are all bets off? >>guest: i don't. >>neil: i would welcome a downgrade. it would be the pain from which we have a gift. >>guest: maybe that would wake people up. >>neil: you can catch general -- john on thursday night. this came from my hair cut budget. >>guest: we can see that. but we can compromise on that. >>neil: you can catch john tomorrow night, and, meanwhile, the real problem over the debt problem is how the mainstream media is covering this. the headlines speak volumes. >>neil: take a look at the headlines. you just think it was just republicans or speaker boehner, and they are screwing this up. butthead lines blasting them, or anyone, anyone, anyone who is looking for spending restrainand that is why the fighting is going on and why our country can go down the tubes. pat is not surprised. >>guest: this is the policemen class media coverage, we like spending, we like big government, it is good. it is bad if you try to cu
>>guest: the markets are saying, this big deal. they still collecting $2.2 trillion. that is enough to pay. >>neil: if we have a downgrade, are all bets off? >>guest: i don't. >>neil: i would welcome a downgrade. it would be the pain from which we have a gift. >>guest: maybe that would wake people up. >>neil: you can catch general -- john on thursday night. this came from my hair cut budget. >>guest: we can see that. but we can compromise on that....
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Jul 26, 2011
07/11
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i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you knnknow why they did that? it was a bailout for bankers and brokers, lets hat not read too much in the selective tantrums and to rescue who these guys think are fairs, namely their interests and not necessarily the country's interest. that's not to stay that wall street isn't and shouldn't be worried about our long-term future, it should. let's just say it spends a lot more time focused on its short-term future. there is a difference and we'd be wise to remember it and wall street, you would be wise to appreciate it because this isn't about momentarily protecting your assets and their price. th
i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you...
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Jul 25, 2011
07/11
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big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it suggests we may be headed to a double dip. here's the problem if we do hit a double dip on this economy, it doesn't matter what they do on the debt deal. the deficit is going way up again. we could hit a two trillion dollar deficit if we hit a double dip recession because we won't get the revenues that you need people are -- you need when people are working. >> neil: very good to see you again. steve moore, in pennsylvania. >> we default it is armageddon. the presidential candidate who says if we don't default it is real armageddon. thanks to the venture card from capital one, we get double
big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it...
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Jul 29, 2011
07/11
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remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
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Jul 21, 2011
07/11
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a big two hours monitoring what is going on. great the heat on capitol hill to the heat in dozens of states, you think the power grid is stressed out now wait until everyone plugs in. [ male announcer ] you never know when, but thieves can steal your identity. turning your life upside down in a matter of seconds. hi. hi. you know i can save you 15% today if you open up a charge card account with us. you just read my mind. [ male announcer ] just one little piece of information and they can open bogus accounts, stealing your credit, your money, and ruining your reputation. that's why you need lifelock. lifelock is the leader in identity theft protection. relentlessly protecting your personal information to help stop the crooks in their tracks before your identity is attacked. protecting your social security number, your bank accounts, even the equity in your home. i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. [ male announcer ] credit monitoring alone is not enough to protect y
a big two hours monitoring what is going on. great the heat on capitol hill to the heat in dozens of states, you think the power grid is stressed out now wait until everyone plugs in. [ male announcer ] you never know when, but thieves can steal your identity. turning your life upside down in a matter of seconds. hi. hi. you know i can save you 15% today if you open up a charge card account with us. you just read my mind. [ male announcer ] just one little piece of information and they can open...
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Jul 22, 2011
07/11
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the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present president. >>guest: the impeached president doesn't get it is which is why he got impeached but it authorizes congress to borrow money, the 14th amendment requires payment of debt already authorized. so you cannot use the 14th amendment to back door behind the article one and i am sure obama was forum shopping which is what he likes to do and they said that is impeachable offense and you would us such -- you would usurp the legislative authority. >>neil: he might have known he could not win but what president clinton was saying was fight it out if the courts. >>guest: president clinton
the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present...
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Jul 20, 2011
07/11
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we have too big of a cap. when you're off by 200-calories that could be equivalent of gaining 20 pounds a year. we can't be having that. >> it seems like they can't win, the restaurants. they didn't particularly want to count calories in the first place because it does put some customers off. now they are counting calories and you say they're counting them wrongly. they can't win, can they? what about people like me who don't care? we don't want you on our backs? what we want to do is go in and pick up my six pack of burger shot and enjoy them. >> leave you alone. >> leave me alone. >> i think you would like nothing more than being left alone but the truth is a lot of americans do care and we need the information and we need it to be accurate. we can't be off by 100 or 200-calories. 1,000 calories is unacceptable. >> you do seem like a food police officers if i may say so. let me bring you an example of chipotle. a burrito bowl, not had one myself but called a burrito bowl. >> they're good. >> i believe you. 4
we have too big of a cap. when you're off by 200-calories that could be equivalent of gaining 20 pounds a year. we can't be having that. >> it seems like they can't win, the restaurants. they didn't particularly want to count calories in the first place because it does put some customers off. now they are counting calories and you say they're counting them wrongly. they can't win, can they? what about people like me who don't care? we don't want you on our backs? what we want to do is go...
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Jul 18, 2011
07/11
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>>stuart: i heard going into the big name, big american-based multinational corporations, they are safe. but, if you put your money into a lost them over 10 years, you have gone nowhere and sometimes you have gone down. >>guest: well, of course, there is that element of risk. yet when you look at the companies right now they have already adjusted for the things in the marketplace right now. you are looking at emerging economies that could be slowing down. you are looking at the debt ceiling, the issues that are going on with that and you are looking at sovereign debt. and a lot of the big companies have already adjusted for that and so they are relatively cheap such as boeing and mcdonald's and caterpillar. >>stuart: you buy gold at $1,550 and big multicorporation stocks would you buy a bank cd and earn a miserable 1 percent and sleep safely? >>guest: if you are that conservative and do not care about making money but if you are looking at retirement there are other options to look at before that. that is like putting it in a mattress so i would in the do that. >>stuart: but it is alway
>>stuart: i heard going into the big name, big american-based multinational corporations, they are safe. but, if you put your money into a lost them over 10 years, you have gone nowhere and sometimes you have gone down. >>guest: well, of course, there is that element of risk. yet when you look at the companies right now they have already adjusted for the things in the marketplace right now. you are looking at emerging economies that could be slowing down. you are looking at the debt...
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Jul 19, 2011
07/11
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is this a big worry? and now, my guest is joining me. can we get the unemployment rate by low 9 percent if gas is close to four bucks a gallon? >>guest: it will be tough. it makes it more expensive to business to run business when it comes to shipping businesses and the industrial machine of the united states, and, really, the global industrial machine so that is, really, tough, and a balancing act they have been trying to play and obama has been trying to play and they are not successful. >>stuart: is gas prices the mover to slowing the committee down? >>guest: there are so many movers, it is just one of the of -- movers and if you look at our economy, the unemployment is a big factor and housing, although we have better numbers they are not where they need to be, and there are a ton of factors but it does not help because the hard gins shrink and you can only subsidize the higher gas prices so long and they are passed on to the business owner and the consumer. >>stuart: this wasn't supposed to happen. we released oil from the strategic
is this a big worry? and now, my guest is joining me. can we get the unemployment rate by low 9 percent if gas is close to four bucks a gallon? >>guest: it will be tough. it makes it more expensive to business to run business when it comes to shipping businesses and the industrial machine of the united states, and, really, the global industrial machine so that is, really, tough, and a balancing act they have been trying to play and obama has been trying to play and they are not...